Get started
pradipandsuvra

Accelya Solutions: Multiple bullish patten

Long
ACCELYA SOLUTIONS (NSE:ACCELYA)  
pradipandsuvra  
NSE:ACCELYA   ACCELYA SOLUTIONS
Flag Double Top or Bottom accelyasolutions indianstockmarket
0
0
flagpattern doubletoporbottom accelyasolutions indianstockmarket
In the Daily timeframe, this less known mid-cap Technology stock ACCELYA is showing confluence of multiple bullish chart pattens.

  • A beautiful rounding bottom formation happened over last 4 months.
  • Followed by a breakout with very high volume on 15th Jan.
  • Followed by consolidation and re-test of 1750 level.
  • During this consolidation between 15th Jan and now it's creating a bullish pole&flag patten.

An excellent price to enter is around 1700 (or even 1730 is ok). It can reach upto 2xxxx on next few months (1 year horizon).

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.